The handicap of 2020 rule changes by IMO

The new shipping rules have proved to be a burden to most of the stakeholders and partners in the decisive turnaround that the industry has seen in the past six months and is expected to witness from 1st January 2020 as the deadline for the new grade of bunker fuel kicks in.

A lot of re...

The industry fights for carbon levies to be used for future funding

The maritime industry carries a total of about 90% of global trade and is equally carbon emission potent with the levels of pollution being bout 2-3 percent of the global count. Top industry leaders and high ranking executive officers have thus raised their voices for a levy on carbon emissions f...